Items Tagged with 'February'

ARTICLES

Home prices continued to move higher across much of the country now that the spring home-buying season is finally here. Further, CoreLogic predicts home prices will appreciate by 5.2% going into February 2017.

Tuesday’s report of sales of new single-family houses finally brings some positive new to the housing market after a series of rough reports at the start to the year. Could this finally be the end of the bad news?

“Less than half of the housing markets MiMi covers are showing an improving trend, whereas at this same time last year more than 90% of these same markets were headed in the right direction,” Freddie Mac Chief Economist Frank Nothaft said.

This month inHousingWire magazine

[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.

Feature

Would-be homeowners are inundated with picture-perfect examples of new and remodeled homes brimming with upgrades. But in the real world, homebuilders and investors must calculate the rate of return on these sometimes fleeting trends, weighing what buyers want with what they can actually afford. This feature looks at which features buyers of different age demographics consider the most important, and what that means for sellers.

Commentary

We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.